35 Wilcox Rd - Multi-Family FOR SALE


Tryon, NC 28782
$489,000 USD
954-480-7777
35 Wilcox Rd, Tryon, NC for Sale
$489,000 USD
Multi-Family - FOR SALE
1/22
null | Request Cap Rate

35 Wilcox Rd
Tryon, NC 28782


HIGHLIGHTS

  • Walk to Rail Trail and Town
  • Commercial Land
  • Turn Key Property

OVERVIEW

Prime investment opportunity in Tryon, NC. This is an opportunity to purchase commercial land with its own water meter plus a completely renovated 2/2 home on a separately deeded multi-family lot. These two parcels are side by side and strategically located 2,200 feet from the future Saluda Grade Trail, direcly up Wilcox Rd with only 4 additional houses and 12 acres of open conservation land. The Town of Tryon sidewalk passes along the commercial lot property line, meaning you could develop a business that both serves Downtown Tryon as well as the future rail trail, such as a bike shop business, outdoor outfitters, and so much more. The house is 2 beds, 2 baths, all systems upgrades, new plumbing, new electrical, new efficient mini-split HVAC. Brand new kitchen and open floorplan, one brand new bathroom, master bath was partially updated. New roof in 2021, new attic insulation. Newly sanded and modern stain applied to the original red oak flooring. New wood lap siding with cedar shingle details on the exterior. New carport and gravel drive with fencing and two gates. The garden was planned as a 4 season garden, meaning there are plants that stay green all year round, there are flowers that bloom nearly all year. Over 40 native plants were planted in the past 3 years. This is a very special property with a lot of development potential.

FOR SALE DETAILS

PRICE

$489,000 USD

PRICE/SF

$346 USD /SF

# OF UNITS

1

PRICE/UNIT

$489,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Wilcox Road Commercial Land and House

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1942

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.58 AC

LAND SF

25,265 SF

ZONING

-

APN/PARCEL ID

T10-A11,T10-A13

ASK ABOUT THIS PROPERTY

Ian GriggsPlacemaker Group LLCMore Info
954-480-7777

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Ian GriggsPlacemaker Group LLCMore Info
954-480-7777

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.